Millions of Australians could be too poor to support themselves when they stop working, after a survey found 23 per cent of respondents do not have enough saved for retirement.
A Finder survey of just over 1000 people found almost a quarter did not have enough funds in superannuation or other investments to “get by in retirement”, equating to about 4.6 million Australians.
Another 27 per cent admitted they were not sure if they would have enough.
Women are also worse off than men, with 27 per cent admitting they do not have enough super or investments compared to 18 per cent of men.
Only 28 per cent of those surveyed believed they had enough funds to retire through their super or through investments.
Finder money expert Sarah Megginson said superannuation was something most Australians, especially young people, did not engage in enough.
(9 NEWS)
